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Jobs Workplace and Corp Governance

TREND | 21 Jan 2025

Australia immigration: Oppn eyes investor ban, 25% permanent migration cut

Business Standard

"Labour has opened the migration floodgates," said Australia's opposition parties

Jobs Workplace and Corp Governance

TREND | 21 Jan 2025

8th Pay Commission: Minimum Salary Of Rs 36,000 What Key Stakeholders Expect

NDTV Profit

The 8th Pay Commission will hold deliberations with an array of stakeholders before submitting its report.

Jobs Workplace and Corp Governance

TREND | 20 Jan 2025

BAI Proposes Salary Hike For Indian Badminton Coaches To Prevent Exodus

NDTV Profit

Under the guidance of chief national coach Pullela Gopichand, they are also working with young talents like Tharun Mannepalli, Anmol Kharb, Anuradha Upadhyaya, and Rakshitha Ramraj.

Jobs Workplace and Corp Governance

TREND | 20 Jan 2025

CCI reviews feedback on proposed changes to penalty recovery norms

Business Standard

Competition Commission of India (CCI) is reviewing the feedback received on the proposed amendments of norms related to the manner of recovery of monetary penalty. In November 2024, the watchdog had put out for public consultations the draft amendments to the regulations pertaining to the manner of recovery of monetary penalty. CCI Chairperson Ravneet Kaur has said the proposed amendments aim to strengthen the regulatory framework governing the recovery of monetary penalties, enhancing procedural clarity and efficiency. "We are currently reviewing the feedback provided by the stakeholders whereafter the proposed amendments would be gazetted," she said in a message in the regulator's latest quarterly newsletter. According to the chairperson, the regulator has identified areas where these regulations can be improved to better align with contemporary requirements and streamline the recovery process. The proposed changes are aimed at providing greater legal certainty to enterprises an

Jobs Workplace and Corp Governance

TREND | 18 Jan 2025

Iskcon, Adani Group tie up to give meals to nearly 100k daily at Maha Kumbh

Business Standard

The International Society for Krishna Consciousness (ISKCON), in partnership with the Adani Group, is providing meals to nearly one lakh people daily at the ongoing Maha Kumbh, a spiritual organisation's official said. At a camp on Harshvardhan Marg here, ISKCON's one kitchen prepares food for 30,000 - 35,000 people in one session, and more than one lakh people are served food in three sessions a day, its Director (CSR) Madhukant Das told PTI. ISKCON's food -- which includes dal, chole or rajma, vegetables and roti and rice, and halwa or boondi laddu in sweets-- is completely balanced. These meals are prepared on a clay stove over a fire of wood and cow dung cakes, which makes them taste amazing, he added. Das said meals are being distributed at 40 centres across Prayagraj, including bus stands, railway stations and several holding areas, where the crowd of devotees are halted on the main bathing days. He also informed that the food is also being distributed to 15,000 employees...

Jobs Workplace and Corp Governance

TREND | 18 Jan 2025

Dropping degree requirements, 30% of Indian employers looking to shift to skills-based hiring: WEF

livemint

In a transformative shift, around 30 per cent of Indian employers are looking to adopt skills-based hiring practices by removing degree requirements, a significant increase compared to the global figure of 19 per cent, said World Economic Forum (WEF) in its Jobs Report 2025.

AI, robotics to drive job growth in India: World Economic Forum's Future of Jobs Report 2025

Business Line | 17 Jan 2025 1 more

Jobs Workplace and Corp Governance

TREND | 17 Jan 2025

Labour force participation of teen girls and elderly women in rural India is increasing

Business Line

The standout rise in workforce participation of rural women in two ends of the age spectrum could be arising more out of necessity than expression of agency

Jobs Workplace and Corp Governance

TREND | 17 Jan 2025

8th Pay Commission: Will Fitment Factor For Salary Revision Be Higher Than 7th Pay Panel?

NDTV Profit

Under the 8th Pay Commission, the fitment factor for the revision of salaries is speculated in the range of 2.6 to 2.85, according to TeamLease Digital CEO.

Jobs Workplace and Corp Governance

TREND | 17 Jan 2025

Layoffs: Asset manager Schroders to cut 3% tech workforce, aims to revive growth

livemint

Layoffs: Sources told Bloomberg that Schroders is cutting 3 per cent or 200 jobs, mostly in tech, as new CEO Richard Oldfield looks to revive the UK's largest standalone asset manager.

Jobs Workplace and Corp Governance

TREND | 16 Jan 2025

CCI fines Goldman Sachs manager Rs 40 lakh over Biocon deal failure

Business Standard

The Competition Commission has imposed a penalty of Rs 40 lakh on the investment manager of Goldman Sachs AIF for failing to notify the regulator about the more than four-year-old deal that gives the option to buy up to 3.81 per cent stake in Biocon Biologics. The penalty was levied on Goldman Sachs (India) Alternative Investment Management Pvt Ltd (GS AIMPL), the investment manager of Goldman Sachs AIF, for a contravention of Section 6(2) of the Competition Act, which mandates prior approval for certain combinations. Under the deal, Goldman Sachs AIF Scheme-1 (GS AIF) had acquired optionally convertible debentures (OCDs) issued by Biocon Biologics. The regulator has penalised GS AIMPL for failing to notify the transaction to it and rejected the argument that the deal was done in the ordinary course of business. "Any transaction which is made with the intent of remaining invested for a relatively longer period and involves the acquisition of any additional rights (compared to the .